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Obama Cuts Funding To Black Colleges May 18. 2009
President Barack Obama has cut funding to black colleges in America, in a move being decried by many. Black universities are set to lose $85,000,000 dollars in funding. Obama Cuts Funding To Black Colleges May 10, 2009 - Black colleges will fight cut to federal program. Obama's budget doesn't include $85 million in extra funding for schools RALEIGH, North Carolina - Leaders of historically black colleges say they'll fight a reduction in a federal program they call a financial lifeline at a time of economic distress for the schools and their students. President Barack Obama's education budget, unveiled Thursday, included major spending increases in many areas — but didn't include an extra $85 million that black institutions have received annually for the past two years thanks to a 2007 change to the student loan laws. |
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